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Nanit, maker of wearable baby sleep-trackers and monitors, scored $21 million in new growth funding. Jerusalem Venture Partners (JVP), Upfront Ventures, RRE Ventures and Rho Capital Partners led the round.
This new infusion of cash brings the New York-based startup’s total funding pot to $50 million.
WHAT THEY DO
Nanit specializes in tracking infants' sleep and breathing. Last June it released...

U.K. and U.S. residents who reported a loss of smell and taste into a COVID-19 symptom-tracker app more often tested positive for the infection, according to a study published yesterday in Nature.
The COVID Symptom Study app was developed by health technology company Zoe Global with help from King's College London and Massachusetts General Hospital. It launched in the U.K. and the U.S. in late...

Home to the Hermitage Museum and five million residents, St. Petersburg is the second-largest city in Russia. The city also includes around 30,000 doctors, 250 public hospitals and 3,000 private clinics, translating to about 50 million healthcare encounters per year.
“This produces a huge amount of data. This data was distributed between different healthcare organizations,” Eugene Kogan, Chief...

Lucid Lane, a Los Altos, California-based telehealth provider specializing in medication dependence and substance use disorders, has raised $4 million in seed funding. Battery Ventures led the investment.
WHAT THEY DO
Lucid Lane's patient-facing approach combines regular virtual coaching from licensed therapists and data-driven treatment planning. These sessions are conducted as either one-on-one...

Under resourced countries may be getting a coronavirus app thanks to new efforts from the World Health Organization, Reuters reports.
The organization plans to roll out a new app that will help people figure out if they are symptomatic of the coronavirus. According to the Reuter’s report, down the pipeline WHO may be rolling out a Bluetooth-based coronavirus tracing app for middle- and low-...

Senate Republicans introduced a new bill during the tail end of last week that seeks to increase transparency and ownership of personal health, geolocation, proximity and other related data collected by digital devices or systems during the COVID-19 public health emergency.
The so-called COVID-19 Consumer Data Protection Act was introduced by Sen. Roger Wicker R-Miss.; Sen. John Thune, R-S.D.;...

This morning, chronic-condition-management startup inHealth named digital health veteran Harry Kim as its next CEO and executive chairman. The company’s current CEO and original cofounder Aubrey Jenkins will move into a new role as president of the company.
“The healthcare professionals delivering care every day are front line warriors and heroes. In the fight to improve people’s health, we need...

Carbon Health, a primary care provider blending in-person and virtual care services, has announced a $28 million Series B1 raise from prior backer DCVC.
WHAT THEY DO
San Francisco-based Carbon Health runs a series of clinics in California. These brick-and-mortar locations are supported by a Carbon Health mobile app, through which patients can view their health records, schedule appointments,...

Just a few hours ago the FDA greenlighted the first home-collected saliva sample for COVID-19. Rutgers Clinical Genomics Laboratory, which already landed an EUA in mid-April for its test, can now expand its efforts to include test kits for home collection.
Patients do so using a specially designed collection device. This sample is then sent off to the Rutgers Clinical Genomics Laboratory in a...

This quarter Dexcom raked in $405 million in revenue, compared to $280.5 million in 2019’s Q1. This represents a 44% increase year over year (YoY), and beats the company's revenue goal by $46.7 million. Dexcom attributes its success to its growing user rate.
The gross profits from Q1 were $258.7 million. However, operating expenses have increased, coming in at $215.4 million in 2020 Q1, versus $...